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flag IndusInd Bank shareholders reject promoters' bid to appoint two directors, uphold board independence.

flag IndusInd Bank's shareholders rejected a proposal to allow promoters to appoint two directors on the board, despite approval from the Reserve Bank of India and the bank's board. flag The amendment to the articles of association was denied by 54.04% of the shareholders, maintaining investor control over the board composition. flag However, they did approve the appointment of Rajiv Anand as the new Managing Director and CEO.

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